10 Kimberley Street, Coundon Grange, Bishop Auckland, County Durham DL14 8UA

Auction Commencing on Monday 17th August from 1pm and ending 24 hours later on Tuesday 18th August from 11am with Auction House North East.

Please register to bid via our website - auctionhouse.co.uk/northeast

Ready-made freehold investment producing £475 PCM, let to a reliable long-term tenant with an excellent payment history. An excellent opportunity to acquire a well-presented one-bedroom freehold bungalow, offered with an established and reliable tenant in situ, currently generating £475 per calendar month (£5,100 per annum). The tenant has a proven payment history with rent paid on time and fully up to date, making this an attractive, ready-made investment for buy-to-let purchasers.

The property has been refurbished to a modern standard and briefly comprises an entrance hall, spacious living room, fitted kitchen, generous double bedroom and contemporary shower room. Externally, there is a low-maintenance rear yard.

Situated in the popular village of Coundon Grange, the property benefits from excellent access to nearby Bishop Auckland, local amenities, shops, schools and transport links.

This is a straightforward investment opportunity with immediate rental income and no void period, ideally suited to investors looking to expand their portfolio with a low-maintenance, income-producing asset.

Please note: The internal photographs provided are of No. 8 Kimberley Street, however No. 10 has been renovated to the same standard. Tenure: Freehold EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.